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800,000 Americans applied for jobless aid week before Christmas

800,000 Americans applied for jobless aid week before Christmas Irina Ivanova © Getty Images Bronx Borough Faces Major Unemployment Amid COVID-19 Pandemic The number of people applying for jobless aid fell slightly last week but remained at a high level, showing the coronavirus continues to take a toll on the economy. Some 803,000 people applied for unemployment benefits in the week ending December 19, the Labor Department said Wednesday. That s a drop of 89,000 from the week before. Another 397,000 applied for Pandemic Unemployment Assistance, a federal program for the self-employed and gig workers.  Even with the potential new stimulus package, labor market damage continues to mount in real time. Total initial claims (non-seasonally adjusted) ticked down but remain above one million even ten months into this crisis, AnnElizabeth Konkel, economist at the Indeed Hiring Lab, said in a note.

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